Pacific Mercantile Provides $4.75MM Facility to Fragrant Jewels

Pacific Mercantile Bank provided a $4.75 million commercial term loan credit facility to Fragrant Jewels.

Pacific Mercantile Closes $5MM Western Shield Facility

Pacific Mercantile Bank extended a $5 million credit facility, consisting of a term loan and a revolving line of credit, to Western Shield.

Roby Joins Pacific Mercantile as SBA Lending Director

Pacific Mercantile Bank hired Jim Roby to lead Small Business Administration lending.

Pacific Mercantile Provides $11MM Facility to NEXT Trucking

Pacific Mercantile Bank’s Asset-Based Lending Group extended an $11 million credit facility to NEXT Trucking to support the company’s continued growth.

Pacific Mercantile Provides $4.7MM Financing to Superior Pavement Markings

Pacific Mercantile Bank extended $4.7 million in financing to Superior Pavement Markings. The financing consists of an equipment loan, a revolving line of credit and an owner-occupied commercial real estate loan.

Pacific Mercantile Provides $8MM Credit Facility to Aluratek

Pacific Mercantile Bank extended $8 million in financing to Aluratek consisting of a line of credit and a term loan.

Pacific Mercantile Names Three New Regional Managers

Pacific Mercantile Bank named Douglas Spencer, Chad Kenney and Lisa Wright to senior vice president and regional manager positions in the Century City, CA; Costa Mesa, CA and San Diego offices, respectively.

Pacific Mercantile Provides $5MM Facility to ARGOS Material Distribution

Pacific Mercantile Bank extended a $5 million senior credit facility to ARGOS Material Distribution. This is the second time PMB has increased the amount of credit available to ARGOS since initiating the relationship in 2014.

Pacific Mercantile Provides $3.5MM ABL Financing to Santier

Pacific Mercantile Bank’s Asset-Based lending group extended a $3.5 million credit facility to Santier, a San Diego-based manufacturer.

Pacific Mercantile Provides $4MM ABL Revolver to Kineticom

Pacific Mercantile extended a $4 million revolver to Kineticom, a telecommunications and IT staffing agency.